What's Happening?
Ron Kurnik, owner of Superior Coffee Roasting, has spoken out about the impact of tariffs on his business. In an interview with ABC News Live, Kurnik detailed how tariffs have affected the cost of importing coffee beans, leading to increased expenses and challenges in maintaining competitive pricing. His insights highlight the broader implications of trade policies on small businesses in the U.S.
Why It's Important?
The impact of tariffs on small businesses like Superior Coffee Roasting underscores the challenges faced by entrepreneurs in navigating international trade policies. Tariffs can lead to higher costs for imported goods, affecting pricing strategies and profitability. This situation may prompt business owners to advocate for policy changes or seek alternative sourcing options, influencing the broader economic landscape and trade relations.
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